A KPI watchlist is a collection of KPIs whose performance you want to monitor.
You can create KPI watchlists:
Within a scorecard. You create a KPI watchlist within a scorecard to help you view and investigate the progress of the objectives and initiatives. KPI watchlists that you create within a scorecard are saved as part of the scorecard. See "What Are Smart Watchlists?" for additional information.
Outside a scorecard. This enables you to create a KPI watchlist in advance of creating or editing a scorecard. KPI watchlists that you create outside a scorecard are saved as standalone objects in the Oracle BI Presentation Catalog.
For information on KPI watchlists and how to create them, see Chapter 11, "Using KPIs and KPI Watchlists."